floods News
Farmers Reports Steep Price Tag For Late June Storm Damage Claims
Farmers Insurance said it expects to receive nearly 7,000 claims from hail, strong wind and other severe weather events that hit 14 states in late June. The price tag won't be cheap. Farmers said it ...
Pacific Facing Major Storms; Atlantic, Not So Much (Yet)
The Atlantic hurricane season opened with empty seas and low expectations as two storms raged off the western coast of Mexico, where they will almost certainly stay. Hurricane Andres, which formed ...
Aon Benfield: Severe Weather Returned With a Vengeance in March
In March, the most severe weather events carried names like Mike, Niklas and Pam. Also, the United States began to see a return to extreme springtime weather after an unusually slow start to the ...
South African Floods and Torrential Rains Kill Hundreds
The likely death toll from flooding and torrential rain in Mozambique, Malawi and the Indian Ocean island of Madagascar reached the 260 mark, with almost 300,000 people driven from their homes. ...
From Earthquakes to Typhoons, August Was a Tough Weather Month
As far as natural perils go, it was mostly about earthquakes in August, with a few tropical storms and typhoons around the world to add to the trouble, according to Aon Benfield's Impact Forecasting ...
Typhoon Leaves Japan on Flood and Landslide Alert
Japan maintained flood and landslide warnings covering much of the nation after Typhoon Halong moved out to the Sea of Japan this afternoon. Halong crossed Shikoku, the smallest of Japan's four main ...
From Sinkholes to Tsunamis: Assessing Nonmodeled Risks That Matter to Your Company
The degree of uncertainty for modeled perils draws a lot of attention from most insurance companies. A significant amount of resources are put into improving data quality, modeling assumptions, model ...
February Storms’ Insured Losses Top $1.5B Globally: Aon Benfield
The latest Global Catastrophe Recap report from Aon Benfield's Impact Forecasting reveals that February storms led to insurance payouts of more than $1 billion globally. Japan experienced record ...